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Supra introduces DORA ‘Pull’ pricing data on the Shimmer Network

January 24, 2024 - 2 min read

Supra’s DORA Revolutionizes Data Accessibility on the Shimmer Network

Supra is thrilled to announce the launch of the DORA ‘Pull’ Pricing Data on the Shimmer Network. This integration is a game-changer in the way pricing information is accessed and utilized in the blockchain space.

The DORA ‘Pull’ pricing data ensures that dApps on Shimmer Network have access to accurate, transparent, and tamper-proof information. It allows uninterrupted access to accurate and up-to-date pricing information.  

Supra Pioneers Accurate Data Integration in Blockchain Networks

Supra’s DORA (Distributed Oracle Agreement) is revolutionizing the way blockchain networks leverage off-chain data. By addressing the complex challenge of distributed agreement in Oracle networks, DORA ensures that information from various external sources is accurately and reliably integrated into blockchain environments. 

Its unique approach involves creating a network of interconnected nodes that process data from multiple sources, emphasizing data integrity and fault tolerance. This system is vital for decentralized finance (DeFi), where accurate, real-time data is crucial. 

DORA integrates seamlessly within the Moonshot consensus mechanism and the distributed Verifiable Random Function (VRF) to enhance security and efficiency, especially in volatile markets. Supra’s ongoing HyperNova initiative furthers its technological advancements.

Shimmer Network Integrates DORA ‘Pull’ Price Feeds

Shimmer Network stands out with its innovative approach to interoperability and scalability. It’s designed as a feeless interoperability layer, crucial for developing boundless decentralized Web3 economies. The platform’s seamless, feeless value transfers between smart contract chains revolutionize interconnectivity.

At the core of Shimmer Network is its high-performance, parallelized Directed Acyclic Graph (DAG) ledger. This architecture is chain-agnostic and optimized for building fully customizable smart contract chains. The feeless nature of transactions on the Shimmer Network is a significant advantage, making it an attractive platform for developers and users.

In addition, the ShimmerEVM is the first application layer anchored to the Shimmer Network. Its advanced EVM-compatibility, native randomness beacon, and MEV protection herald a new era of innovative, user-friendly blockchain applications. 

Further, Shimmer enhances smart contracts with Supra’s DORA Oracle price feeds, offering improved security and efficiency by reducing blockchain interactions.

Innovate and Build the Future with Supra

Supra, a leader in Oracle services, boosts blockchain application functionality and security. It provides a user-friendly toolkit with extensive guides and whitepapers, enhancing app performance and easing integration. 

Furthermore, Supra is expanding its reach across various blockchain ecosystems, signaling an era of exciting and innovative advancements. Be part of this groundbreaking evolution.

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